NOT LISTED FOR SALE

1175 Lachman Ln Pacific Palisades, CA 90272

Estimated Value: $2,268,000 - $3,105,990

3 Beds
2.5 Baths
2,588 Sq Ft
$1,026/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $2,505,000 $968 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,160/month

14 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Laundry Room
  • Midcentury Modern Architecture
  • No HOA
  • Family Room

About This Home

As of December 2020

Located in the coveted Marquez Knolls this mid century modern home is mostly in original condition and ready for a full revival. Ideal floorplan with 3 bedrooms and 2.5 bathrooms, family room open to the kitchen, marble fireplace and explosive ocean views. With a wonderful indoor/outdoor flow, this home is poised and ready for a designers touch. Trust sale, no court confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 11/05/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Brian Joy

Berkshire Hathaway HomeServices California Properties License #01324371

Last Buyer's Agent

Matias Masucci

Berkshire Hathaway HomeServices California Properties License #02054763

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,356

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83x146
  • Property is zoned LARE15

Parking

  • 2 Parking Spaces

Property Views

  • Ocean
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,588 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4420-024-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,356

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2588
  • Lot Acreage: 0.2786
  • Lot Dimensions: 83x146
  • Probate: Yes
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 733.77

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4420-024-026
  • Lot Size Area: 12137

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Read Robert and Truong Khue
Bought by
Read Robert T and Truong Khue B
Current Estimated Value
$2,654,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,479,000
Outstanding Balance
$1,348,710
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,686,953

Purchase Details

Listed on
Nov 5, 2020
Closed on
Nov 25, 2020
Sold by
Schwartz Jan and The Holle Robertson Revocable
Bought by
Read Robert and Truong Khue
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
List Price
$1,899,000
Sold Price
$2,505,000
Premium/Discount to List
$606,000
31.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$1,600,000
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Read Robert T -- North American Title
Read Robert $2,505,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read/Truong Revocable Trust $500,000
Closed Read/Truong Revocable Trust $500,000
Open Read Robert T $1,479,000
Closed Read Robert $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $2,505,000 +31.9% $968 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,899,000 -- $734 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,356 $1,409,976 $1,409,976 --
2024 $32,356 $2,658,324 $2,126,660 $531,664
2023 $31,727 $2,606,201 $2,084,961 $521,240
2022 $30,330 $2,555,100 $2,044,080 $511,020
2021 $35,640 $2,505,000 $2,004,000 $501,000
2020 $3,795 $218,529 $100,856 $117,673
2019 $3,040 $214,245 $98,879 $115,366
2018 $2,927 $210,045 $96,941 $113,104
2016 $2,782 $201,891 $93,178 $108,713
2015 $2,747 $198,860 $91,779 $107,081
2014 $2,769 $194,966 $89,982 $104,984
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2020

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    6 in this area

    225 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Seller Co-Listing Agent in 2020

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    6 in this area

    200 Total Sales

    Brian Joy
    Section Image
  • Matias Masucci

    Buyer's Agent in 2020

    Matias Masucci

    Berkshire Hathaway HomeServices California Properties

    (310) 734-8068

    2 in this area

    89 Total Sales

    Matias Masucci
    Section Image
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Map

Source: The MLS

MLS Number: 20-655564

The MLS

APN: 4420-024-026

California Los Angeles County Pacific Palisades 90272

1175 Lachman Ln, Pacific Palisades, CA

This home is located at 1175 Lachman Ln, Pacific Palisades, CA 90272 since 05 November 2020 and is currently estimated at $2,654,663, approximately $1,025 per square foot. This property was built in 1965. 1175 Lachman Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Le Lycée Français de Los Angeles - Pacific Palisades Campus.

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